Cheap Homes for Rent in Forest Manor Neighborhood of Indianapolis, IN from $500 (14 Rentals)

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Search the lowest-cost Homes available for rent right now in the Forest Manor area of Indianapolis.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Forest Manor, Indianapolis, IN Local Guide

Cheapest Available Forest Manor Apartments for Rent

 

The cheapest available apartment rental in the Forest Manor area of Indianapolis, IN is a 2 Beds unit found at Hopeside I priced from $565. East Village at Avondale Meadows Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $579. Here are the most affordable Forest Manor apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Hopeside I2.2-40%-H2BR,2BA$565
East Village at Avondale Meadows ApartmentsB32BR,2BA$579
Indy Town ApartmentsArlington Green 2 bedroom2BR,1BA$798
Chateau De VilleBordeauxStudio,1BA$898
Greenway ApartmentsGreenway 2 bedroom2BR,1BA$925

Best Value Apartments for Rent in Forest Manor, IN

As of August 28, 2025 the best value apartment in the Forest Manor area is the $1.14 price per square foot 2 Bed/2 Bath W/D Dn Model at Fallwood in the in the United Northeast neighborhood starting from $1,370. The second greatest value Forest Manor apartment is the Pebble Model at 7 Pointe Apartments starting at $1,319 with a $1.13 price per square foot in the United Northeast neighborhood. Here is today’s list of the best values for Forest Manor apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fallwood2 Bed/2 Bath W/D Dn2BR,2BA$1.14
7 Pointe ApartmentsPebble3BR,2BA$1.13
East Village at Avondale Meadows ApartmentsB22BR,2BA$1.12
Hopeside I2.2-50%2BR,2BA$0.81
Frederick SquareFrederick Square 2 bedroom2BR,1BA$1.11
Heritage Apartments2 Beds, 1 Baths2BR,1BA$1.31
Harbour PointeThe Hideaway1BR,1BA$1.43
Greenway ApartmentsGreenway 2 bedroom2BR,1BA$1.09
Willow BrookTwo Bedroom One Bath2BR,1BA$1.44
Indy Town ApartmentsArlington Green 2 bedroom2BR,1BA$1.16

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Pet Friendly Lifestyle
Forest Manor, Indianapolis, IN

Ranked #246

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Forest Manor

What type of rentals are currently available in Forest Manor?

There are currently 83 Apartments for Rent in Forest Manor, IN with pricing that ranges from $795 to $1,829. There are also 94 Single Family Homes for rent, Condos, and Townhome rentals currently available in Forest Manor ranging from $595 to $2,350.

What is the current price range for Rental Homes in Forest Manor?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Forest Manor ranges from $595 to $2,350 with an average monthly rent of $1,306.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis

Written by: Wendy Melton

Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.